July 19, 2024
Excerpt: "For the 2024–25 benefit year, families can receive up to $7,787 per child under the age of 6 and $6,570 per child aged 6 through 17. This means moms and dads could receive up to $350 more than last year. This represents an increase of 4.7% from the previous year. The »»ÆÞ¾ãÀÖ²¿ Child Benefit has been indexed to inflation using Consumer Price Index data as reported by Statistics »»ÆÞ¾ãÀÖ²¿â€”a widely used measure of inflation. Indexing the »»ÆÞ¾ãÀÖ²¿ Child Benefit occurs every July, ensuring that the benefit protects families from inflation and provides certainty and predictability of support parents can count on."